News

Alaska USA Federal Credit Union has promoted Glenn Cipriano to president of its subsidiary, Alaska USA Trust Company.

With Ohio heading the list of states with the highest foreclosures, the $1.26 billion Wright-Patt Credit Union said last week it is pushing ahead with new referral and counseling programs to assist stressed homeowners.

The list of industry notables that have donated to the Dr. Martin Luther King Jr. National Memorial Project now includes Fiserv Inc., Schmitt Sussman Enterprise (PFP) and Financial Services COOP Inc.

Several key staff members at NASCUS received promotions last week, NASCUS President/CEO Mary Martha Fortney announced.

The bread and butter for some credit union business lending programs are tied to unique offerings such as taxicab medallions, crops and agricultural equipment helping to create a "built-in competitive advantage in making these types of loans and unlocking the wealth contained in certain assets," according to a new report.

When it comes to attracting small business owners with higher net worth, credit unions are more than holding their own when compared to larger banks.